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PPM ready to expand markets

PPM ready to expand markets

PHARMACEUTICAL exporter Pharma Product Manufacturing of Cambodia (PPM) is aiming to expand the number of countries it exports to from 15 to 30, according to the company’s president, Hay Ly Eang.

PPM currently ships about 30 products, mainly to Vietnam and former French colonies in Africa, he said.

“I will sign contracts with dealers in another 20 countries,” Hay Ly Eang said. “Now we are waiting for the export licence from the ministry, which will take around four more months.”

Most of the new countries will be in North Africa, with French pharmaceuticals distributor CERP handling sales, Hay Ly Eang said, singling out Tunisia and Algeria as key markets.

The firm’s products – including anitbiotics and pain-relief tablets – have already been approved by health ministries in the target countries, meaning that an export licence from Cambodia are all that is needed.

PPM began exporting its products to Guinea-Conakry in 1997. Hay Ly Eang said growth was steady until 2006, at which point sales expanded noticeably, prompting him to aggressively target further export opportunities.

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